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There are 9 news based on search keyword " bailout"

TH's RM11.5 Bln Sukuk Not A New Bailout - Nungsari

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 22 (Bernama) -- The RM11.5 billion sukuk issued by Urusharta Jamaah Sdn Bhd (UJSB) is a rollover of the maturing sukuk arising from the original Tabung Haji (TH) bailout, rather than a new one, said economist Dr Nungsari Ahmad Radhi.

Tabung Haji: Depositor Trust Comes First, Dividends Are Not Everything

By Norsyafawati Ab Wahab

KUALA LUMPUR, Aug 19 (Bernama) -- As depositors, Muslims should reaffirm their understanding of the fundamental principle behind the establishment of Lembaga Tabung Haji (TH), which was created to help Muslims manage their savings for the purpose of performing the Hajj, rather than treating dividend announcements as the primary measure of the institution’s performance.

TH Should Focus On Income Stability, Avoid Pressure Of Chasing High Returns

By Nurul Jannah Kamaruddin and Mohd Noor Azeery Idris

KUALA LUMPUR, Aug 14 (Bernama) -- Income stability, liquidity, and capital safety must continue to form the basis of Lembaga Tabung Haji’s (TH) investment policy, given that the institution manages withdrawable savings.

Govt Tightens Financial And Investment Measures At Tabung Haji, Ensures Non-Recurrence Of Crisis

By Nor Baizura Basri & Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) — The government’s pledge to leave no stone unturned in strengthening Lembaga Tabung Haji (TH) through stricter policy and regulatory measures to ensure that similar issues do not recur was among the messages at yesterday’s special Dewan Rakyat sitting.

Tabung Haji Stable, Growing Stronger - MoF

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) current position is stable and increasingly stronger, following an increase in assets that exceed liabilities, depositors’ savings, and the distribution rate, said the Ministry of Finance (MOF).

TH Posts Almost RM13 Bln In Losses From 14 Investments, Seven of Which 100 Pct Losses - Amir Hamzah

By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Government Bails Out TH With Over RM10 Bln To Restore Finances, Not Sell Assets

KUALA LUMPUR, Aug 11 (Bernama) -- The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10 billion due to mismanagement and embezzlement, to restore its financial position and not to take over the institution's assets, the Dewan Rakyat was informed today.

TH Says Nearly RM10 Bln In Asset Sales Aided Recovery, RM2.6 Bln Lossses Later Addressed

KUALA LUMPUR, July 31 (Bernama) -- The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.

2018 Tabung Haji Bailout Averted Massive Deposit Withdrawal, Financial Market Crisis

KUALA LUMPUR, July 31 (Bernama) -- Lembaga Tabung Haji (TH) has described the recovery and restructuring plan implemented in 2018 as a necessary financial bailout to prevent the institution from becoming insolvent, saying that TH would have otherwise faced the risk of a massive deposit withdrawal that could trigger a financial market crisis and undermine the country's economic stability.